President of the Eurogroup, Luxembourg Prime Minister Juncker (Jean-Claude Juncker) on Monday (May 2) that the euro strong mainly due to a weaker US dollar, so the euro itself was not to worry.
Juncker said " euro's recent strong momentum has not caused us concern because Euro strength is mainly caused by a dollar too weak. &Quot;
Juncker said, for now, a strong euro would not have an impact on economic growth in the eurozone, will not appear on the rise in inflation expectations. But for now the Eurozone inflation situation, Mr Juncker's view is not optimistic, he pointed out that Eurozone inflation developments on the situation of some cause for concern.
he also said that the European Union (EU) must provide support to countries facing difficulties in the eurozone, such as Portugal, but at the same time, countries must apply for assistance on their own efforts.
Juncker said the eurozone will be available by the middle of May solve Portugal of a comprehensive programme.
referring to Greece could face debt restructuring issues, Juncker statement said Greece debt restructuring is not one of the options.
